Reborn Entrepreneurial Giant

Chapter 719 Russia's Opportunity

Qu Li obviously underestimated the habit of some people fighting among themselves. The addition of Zoomlion Group and Xiangjiang Investment did not make SMIC a "pure" semiconductor foundry company. Fortunately, there is nothing wrong with sticking to the general direction of the technical route.

Today, SMIC has mass-produced the 28nm process, and is negotiating with Qualcomm about foundry. It can be said that until 2015, the outside world has not restricted the development of SMIC. However, while technology is progressing, there are still problems, that is, the problem of yield rate.

So what do these things have to do with Qu Li? Of course, Spreadtrum's chip manufacturing may use SMIC, and the development of SMIC's advanced process requires the help of Spreadtrum and Qualcomm, and the two sides complement each other.

The issue of yield rate is very important, but SMIC lacks experience in this area, and it did not achieve rapid development until Liang Mengsong joined. This is related to the excellence of SMIC's own team, but the role of key talents cannot be ignored.

In addition to these, he will also promote domestic substitution, increase the production capacity of mature processes such as 28nm, purchase more from ASML, and sign some contracts. If they cannot provide after-sales service and guarantee production, they will either refund the money or give up the patent...

A lot of things seem unbelievable now. If the company he controls can be resolved with one word, SMIC not only fights among the board of directors, but also the management and technical personnel because of issues such as geography and interests.

For example, if localization replaces it, do Wanwan enterprises count? When cooperating with local companies, if there is a rebate, there is a high probability that mainland employees can get it, and if they purchase from Wanwan companies...

After all, Zhang Yiwen is a young girl, even if she dresses more maturely, it is still difficult to gain prestige. It is okay for Qu Li to go once in a while, but it is not good to go frequently. Except for the big direction problem, it can't play a big role at other times.

After all, Qu Li is not a god, and it is impossible to cover everything. He knows that semiconductor foundry is very important, but he still can't do more, unless he can ignore the cost and the consequences. This may be a disadvantage brought to him by foresight, thinking too much about things. Of course, the Chrysanthemum Factory did not do semiconductor foundry before it was suppressed, and normal companies would not want to do everything.

That being the case, we should give priority to doing our own things well, such as acquiring General Motors' factory in St. Petersburg, Russia, and entering the Russian market ahead of schedule.

GM sold 123,000 Chevrolets, 1,300 Cadillacs and 65,000 Opels in Russia last year, but lost $600 million for various reasons. It may be a continuation of the Crimea incident in 2014, coupled with the depreciation of the Russian ruble, including the adjustment of Opel's strategy, so it is necessary to stop selling Opel cars in Russia and sell the factory.

In addition, Opel Motors will withdraw from the Chinese market last year and will be taken over by GM. Strategic contraction is a foregone conclusion. The company's annual sales volume exceeds one million, mainly concentrated in the European market, and it suffers losses all the year round. The company's pension pressure is as high as US$9 billion.

GM actually asked Qiancheng Geometry if it wanted to buy it, but everyone was not confident. It is too exaggerated to pay Opel more than 9 billion US dollars in pension expenses!

But there are also advantages. The price of Opel is not high, about 2 billion US dollars. In comparison, the future of sales of less than 500,000 cars is too expensive.

After Honeycomb Energy became independent and its production capacity increased, more batteries could be supplied to GM. The cooperation between the two parties laid the foundation for the acquisition of the Russian factory by Qiancheng Geometry. Otherwise, with their work efficiency, they really depend on themselves for everything. , It may take several years from project approval to factory construction.

Anyway, there are almost no Chinese car companies building factories in Russia, which may not be the reason for their own brands. GM actually doesn't want to sell it. The factory is small in scale and employs about 1,500 people. Will selling it to them make it a bigger competitor? Why not sell it to SAIC? It may be that they don't know the news. Qiancheng has old Opel employees in the German R\u0026D center, so it's normal to be well-informed.

However, the production line of GM's St. Petersburg plant is of little use. It is unknown how many difficulties will be waiting for them to transform and expand the scale of future geometry. What is going to be invested now, and what will be invested soon, will not be a small number. The cost and input-output ratio How about it?

The good news is that the Russian auto industry has been greatly affected by what happened last year, and its annual sales fell by 10%. This year, it may repeat the same mistakes and drop by 24%. Therefore, the Russian court last year gave about 5.2 billion soft sister coins in subsidies, and this year there may be 6.2 billion .

Faced with so many difficulties, is the investment of Qiancheng Group a timely help?

"Why do you care so much..." Qu Li only knows that this matter should be done. The conflict between the West and Russia is getting bigger and bigger. This market will be vacant in the future. Of course, it is not so easy to take advantage of it. It is really going too far It may not be possible to sell cars overseas, so Qu Li is not sure about the gains and losses and the pros and cons.

Deng Weijiang could only find his own way, buy the factory, and talk about the rest later. As a multinational company, it is not impossible to have a bright future. Honor mobile phones are among the top three in most countries and regions around the world, including Russia.

However, in terms of e-commerce, AliExpress is even more powerful. Shopee does not have a site in Russia, and the main site is not easy to mix.

"Russia has invited me to go there many times, and I can go there this year." Qu Li was talking about the St. Petersburg International Economic Forum. The boss of the country invited global political and economic representatives to participate. Qu Li, the richest man in the world, is a representative " big shot".

"You can't take the initiative, can you?"

"It's time for Winter Davos." Qu Li smiled. Whoever said that the World Internet Conference and the Davos Economic Forum are useless? No, he can play a role when needed. No matter the future, he needs to go to "public relations"

In Davos in 2015, many bigwigs from home and abroad participated, such as Ma Yun, Ren Zhengfei, and Bill Gates, Soros, Google Schmidt, etc. who often appear on various occasions.

Qu Li is not a person who likes to make friends. He has not joined any wealthy organization including the China Entrepreneur Club. The purpose of participating in Davos and Internet conferences is more for business than for self-expression. In fact, the more money, the more pressure he has.

Qu Li met Emma Watson who came to give a speech in Davos, and chatted with this "positive" girl, discussing wealth, charity, environmental protection, poverty alleviation, and women. The chat was very pleasant, and he almost said: "I don't like money. The happiest time was when I had three girlfriends at the same time, but I only know how to hold hands and chat..."

You said that the two only chat and do nothing else? Maybe, but those born in the 80s and 90s, if anyone has no fantasies about Hao Min, it's probably the kind that doesn't like watching Western fantasy movies.

Qu Li had a chance, even in the freezing cold environment of Switzerland, the two of them could still keep each other warm.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like